Jpmorgan Funds - Fundsupermart.com

JPMorgan Funds
Statement of Changes in the Number of Shares (continued)
For the Period from 1 July 2007 to 31 December 2007
Shares Outstanding
at the Beginning
of the Period
Shares Subscribed Shares Redeemed Shares Outstanding
at the End
of the Period
JPMorgan Funds - US Small Cap Growth Fund
JPM US Small Cap Growth A (acc) - USD 247,401.752 1,280,142.479 1,276,317.348 251,226.883
JPM US Small Cap Growth A (dist) - USD 474,191.237 38,723.979 78,910.802 434,004.414
JPM US Small Cap Growth A (dist) - GBP 150.903 854.644 854.644 150.903
JPM US Small Cap Growth B (acc) - USD - 77,159.748 - 77,159.748
JPM US Small Cap Growth D (acc) - USD
JPMorgan Funds - US Strategic Growth Fund
1,986,086.238 103,704.713 966,718.944 1,123,072.007
JPM US Strategic Growth A (acc) - USD 11,130,631.323 10,467,437.691 9,649,045.437 11,949,023.577
JPM US Strategic Growth A (acc) - EUR (hedged) 3,375,084.945 5,142,439.600 3,622,042.036 4,895,482.509
JPM US Strategic Growth A (dist) - USD 31,032,613.212 23,735,195.733 20,454,967.955 34,312,840.990
JPM US Strategic Growth A (dist) - GBP 3,954.670 21,640.225 3,815.720 21,779.175
JPM US Strategic Growth B (acc) - USD 1,735,426.034 1,185,907.745 789,496.356 2,131,837.423
JPM US Strategic Growth C (acc) - USD 2,972,578.845 701,914.148 249,934.514 3,424,558.479
JPM US Strategic Growth C (acc) - EUR (hedged) - 259,883.373 - 259,883.373
JPM US Strategic Growth D (acc) - USD 436,263.924 275,879.062 191,568.978 520,574.008
JPM US Strategic Growth D (acc) - EUR (hedged) 26,490.066 43,309.799 18,936.737 50,863.128
JPM US Strategic Growth X (acc) - USD
JPMorgan Funds - US Technology Fund
8,617,309.686 3,072,158.540 383,297.858 11,306,170.368
JPM US Technology A (acc) - USD 388,244.856 3,733,200.592 2,204,869.410 1,916,576.038
JPM US Technology A (dist) - GBP 33,371.059 411.890 2,947.885 30,835.064
JPM US Technology A (dist) - USD 7,506,545.980 12,890,578.081 1,764,032.777 18,633,091.284
JF US Technology A (dist) - USD 3,935,202.391 7,059,812.337 2,627,938.755 8,367,075.973
JPM US Technology D (acc) - USD 2,796,854.394 3,996,255.633 3,692,641.231 3,100,468.796
JPM US Technology I (acc) - USD - 900,000.000 - 900,000.000
JPM US Technology X (acc) - USD
JPMorgan Funds - US Value Fund
- 3,084,498.359 - 3,084,498.359
JPM US Value A (acc) - USD 27,746,806.522 5,277,182.385 18,347,580.279 14,676,408.628
JPM US Value A (acc) - EUR (hedged) 1,442,636.034 1,019,046.743 1,208,600.266 1,253,082.511
JPM US Value A (dist) - USD 54,218,371.671 5,845,777.683 25,896,423.920 34,167,725.434
JPM US Value A (dist) - GBP 58,596.671 7,306.401 15,081.330 50,821.742
JF US Value A (dist) - USD 178,063.555 35,866.138 132,843.366 81,086.327
JPM US Value B (acc) - USD 505,584.866 - 483,476.145 22,108.721
JPM US Value C (acc) - USD 14,466,805.702 1,078,493.119 6,964,157.633 8,581,141.188
JPM US Value D (acc) - USD 6,939,158.126 1,358,670.729 2,726,606.115 5,571,222.740
JPM US Value D (acc) - EUR (hedged) 239,224.571 280,476.828 284,538.358 235,163.041
JPM US Value X (acc) - USD 7,707,216.974 331,545.000 1,005,920.787 7,032,841.187
(1) This Sub-Fund was launched on 18 October 2007.
(2) This Sub-Fund was launched on 15 November 2007.
(3) This Sub-Fund was launched on 24 July 2007.
(4) This Sub-Fund was launched on 28 September 2007.
(5) This Sub-Fund was launched on 2 August 2007.
(6) This Sub-Fund was launched on 5 July 2007.
The accompanying notes form an integral part of these Financial Statements.
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